DiNapoli statement on agreement to end federal government shutdown

by jmaloni

Submitted

Thu, Oct 17th 2013 03:30 pm

New York State Comptroller Thomas P.
DiNapoli issued this statement today:

"Last night's agreement to reopen
the federal government and extend its authorization to borrow is welcome news,
but only postpones the tough decisions that must be made. Failure to reach
long-term budget solutions could have severe consequences for our economy and
the financial markets in New York, the nation and abroad.

"The self-imposed turmoil in
Washington created by a dug-in group of legislators was irresponsible and not
the kind of leadership our country needs. Failure to reach an agreement could
have been catastrophic. We should not have come so close to reaching that
point, risking our leadership position in the global economy. It remains to be
seen whether delaying action to the last minute will leave lingering damage.

"I urge New York's congressional
delegation to continue to push the debate in the right direction, and applaud
their steadfast leadership."